Anixter Int'l (AXE) Tops Q4 EPS by 8c

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Go back to Anixter Int'l (AXE) Tops Q4 EPS by 8c

Anixter International Inc. Reports Fourth Quarter 2018 Diluted EPS of $1.22 and Adjusted Diluted EPS of $1.53, up 9%

January 29, 2019 6:30 AM EST

Fourth Quarter Highlights

Record fourth quarter sales of $2.1 billion, up 5.2%, organic sales growth of 5.1% Gross margin of 20.3%, up 50 basis points Refinanced $350 million of 5.625% Senior Notes due 2019 with $250 million of 6.00% Senior Notes due 2025

GLENVIEW, Ill.--(BUSINESS WIRE)-- Anixter International Inc. (NYSE: AXE) today announced its results for the fourth quarter of 2018.

"Sales growth was above the mid-point of our outlook range, driven by the UPS segment, complex and global accounts customers, and... More